According to the public record, 34, Smithy Lane, Wakefield is a mid-century freehold house with 721 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Smithy Lane, Tingley, Wakefield, WF3 is located in the borough of Leeds within the WF3 postal district.
34, Smithy Lane, Wakefield has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Smithy Lane Wakefield as £170,565 and the rental value as £976 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 34 Smithy Lane Wakefield has increased by £7,495 (4.4%) and its rental value has increased by £23 per month (2.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 34, Smithy Lane, Wakefield is in very good condition we estimate a sale value of £179,094 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,626 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £170,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £838 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 34, Smithy Lane, Wakefield sits on a plot of 233m2.
We have plot size data on 9 out of 20 other houses in the postcode and 34, Smithy Lane, Wakefield sits on the 8th largest plot.
According to HM Land Registry, 34, Smithy Lane, Wakefield was last sold on 28 Feb 2022 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Smithy Lane, Wakefield within a radius of 720 metres over the last 2 years.
The most recent example is 10, Old Hall Road, Wakefield, WF3 1QD, a Freehold house which sold for £152,500 in Apr 2023.
Read more about house prices in WF3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithy Lane, Tingley, Wakefield, WF3 has a total of 53 addresses. According to our analysis of all the public data, 34, Smithy Lane, Wakefield is the 32nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in WF3.
34, Smithy Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 34, Smithy Lane, Wakefield is Morley station which is 3.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, Smithy Lane, Wakefield, 35.9% of property is privately owned with a mortgage and 32.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 34, Smithy Lane, Wakefield, 25.6% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 34, Smithy Lane, Wakefield, the average age was 40.9 and the most common age was 52.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 34, Smithy Lane, Wakefield, 1.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 34, Smithy Lane, Wakefield, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.